BLOOMIN' BRANDS INC (BLMN) Technical Analysis
NASDAQ:BLMN • US0942351083
Current stock price
5.82 USD
-0.21 (-3.48%)
At close:
5.82 USD
0 (0%)
After Hours:
BLMN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to BLMN. BLMN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BLMN is a bad performer in the overall market: 84% of all stocks are doing better.
- BLMN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 64% of 126 stocks in the same industry do better.
- BLMN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BLMN is lagging the market.
- BLMN has an average volume of 2987840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BLMN has a been trading in the 5.42 - 6.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BLMN Weekly and Daily overview Charts
BLMN Setup Rating and Analysis
BLMN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.94. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for BLMN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
BLMN Support and Resistance Analysis
5.76
8.06
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.94 to 6.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.37 to 6.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.95 from a trend line in the weekly time frame.
- Resistance @7.18 from a trend line in the daily time frame.
- Resistance @7.98 from a horizontal line in the daily time frame.
BLMN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BLMN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLMN is down. |
| ChartMill Relative Strength | 16.91 | NEGATIVE | BLMN has a low relative strength, it was outperformed by 83.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.05 | NEUTRAL | The RSI value for BLMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BLMN has a positive trend. |
| Stochastics (14,3) | 34.84 | NEUTRAL | The Stochastics value for BLMN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for BLMN suggests high volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for BLMN suggests a weak or negative trend. |
BLMN Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BLMN Technicals: Chart, Performance Metrics, Trend & Indicators
5.82
-0.21 (-3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.48%
1 Week5.63%
2 Weeks-3.16%
1 Month-10.05%
3 Month-15.9%
6 Month-14.79%
12 Month-25.19%
2 Year-79.71%
3 Year-77.31%
5 Year-78.48%
10 Year-65.5%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%7.32%
ATR Inc8.91%
Range Today0.28
ADR(20)0.41
ADR(20)%7.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.91
3 months CRS22.77
6 months CRS27.81
Mansfield-2.31
10 Day High6.16
10 Day Low5.42
20 Day High6.65
20 Day Low5.42
52 Week High10.7
52 Week Low5.42
CS1 EndN/A
CR1 Start5.94
Volume & EV
DER(3)3.01%
DER(5)2.47%
Volume16.13M
Volume Incr70.76%
Vol(5)5.63M
Vol(50)2.99M
BLOOMIN' BRANDS INC / BLMN TA FAQ
What is the ChartMill technical rating of BLOOMIN' BRANDS INC (BLMN) stock?
ChartMill assigns a technical rating of 0 / 10 to BLMN.
Can you provide the trend direction for BLOOMIN' BRANDS INC?
The current trend direction for BLOOMIN' BRANDS INC (BLMN) is Bearish.
What is the RSI signal for BLOOMIN' BRANDS INC (BLMN) stock?
BLOOMIN' BRANDS INC (BLMN) has an RSI value of 45.0512. This indicates that the stock is currently neutral.
What is the short term momentum for BLMN stock?
The short term momentum for BLOOMIN' BRANDS INC (BLMN) is negative.
What is the buy/sell signal for BLOOMIN' BRANDS INC (BLMN) stock?
The buy/sell signal for BLOOMIN' BRANDS INC (BLMN) is sell as both the short term and long term trends are negative.